Camden Property Trust Declares Cash Dividend for Shareholders
Camden Property Trust Dividend Announcement
Camden Property Trust (NYSE:CPT) recently made headlines with its exciting announcement regarding the third quarter cash dividend. The Company’s Board of Trust Managers declared a dividend amounting to $1.03 per share for its shareholders. This announcement is significant, especially for holders of record who are invested in Camden’s Common Shares of Beneficial Interest.
Details of the Dividend Distribution
This dividend will be distributed to shareholders who are on record as of September 30, 2024. It's scheduled for payment on October 17, 2024. Such timely distributions underscore Camden’s commitment to providing value to its investors, demonstrating a strong financial footing and a consistent dividend policy.
About Camden Property Trust
Camden Property Trust is recognized as an S&P 500 Company, establishing its presence in the competitive real estate market with a strong emphasis on multifamily apartment communities. The Company takes pride in its extensive portfolio, owning and managing 172 properties that house an impressive 58,250 apartment homes across the nation. This diverse collection of properties is a testament to Camden’s expertise in the realms of management, development, and construction.
Ongoing Developments and Future Growth
As part of its robust expansion strategy, Camden currently has five additional properties under development. Upon their completion, the Company’s portfolio will grow to encompass 59,996 apartment homes across 177 properties, reflecting Camden’s commitment to growth and excellence in residential living.
Recognition and Workplace Culture
Camden has consistently been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine, achieving this prestigious accolade for 17 consecutive years. The Company recently secured the #24 rank, showcasing its dedication not only to its residents but also to creating a positive and rewarding work environment for its employees.
Investor Relations and Company Contact Information
For those interested in learning more about Camden Property Trust and its operations, the Investor Relations Department is available at (713) 354-2787. Furthermore, additional insights and updates can be accessed through their official website, where potential and current investors can find useful resources regarding the company’s performance and growth strategies.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend is $1.03 per share for the third quarter.
When will the dividend be paid?
The dividend is scheduled to be paid on October 17, 2024.
What is the record date for the dividend?
Shareholders must be on record by September 30, 2024, to receive this dividend.
How many properties does Camden own?
Camden Property Trust owns and operates 172 properties containing 58,250 apartment homes.
Has Camden received any workplace accolades?
Yes, Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 17 consecutive years.
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